ST. LOUIS – Raytheon Missile Systems awarded LaBarge Inc. a $2.2 million contract to continue to provide cable harnesses for the Joint Standoff Weapon system.
LaBarge will perform the work at its Berryville, AR, and Joplin, MO, facilities. Production is expected to continue through September.
Currently launched by Navy strike aircraft, JSOW is a glide weapon that uses GPS information to find its target.
TAIPEI – Foxconn Electronics reported January revenues rose 20% year-over-year to to $3.29 billion.
According to published reports, Foxconn chairman Terry Gou said networking devices, optoelectronics products and handsets will drive the EMS company's growth this year.